Ispire Technology to Power Hidden Hills Launch of "Hidden Hills & Friends" - A Two-In-One Vapor Experience Featuring Legendary Cannabis and Hemp Producers

Rhea-AI Summary

Ispire collaborates with Hidden Hills to introduce unique oils for its SWTCH ONE, partnering with Plug 'n Play, Packwoods, Big Chief, and LA Traffic. The collaboration aims to enhance Ispire's product offerings and expand its market reach.

Collaboration Brings Together Ispire's Dual Tank SWTCH ONE with Unique Oils from Hidden Hills and Its "Friends" – Plug 'n Play, Packwoods, Big Chief and LA Traffic

LOS ANGELES, Feb. 2, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, and Hidden Hills, one of the leading cannabis brands in the U.S., have teamed up to launch an innovative cannabis and hemp vaping experience for consumers: Hidden Hills & Friends. The Hidden Hills & Friends collaboration marries Ispire's dual-tank SWTCH ONE with a variety of select cannabis and hemp oils from Hidden Hills and its legendary friends – Plug 'n Play, Packwoods, Big Chief and LA Traffic.

"Infused with the latest Ispire ONE technology, we believe our all-in-one, SWTCH ONE transcends the typical vaping device – it represents the future," said Ispire Technology Co-Chief Executive Officer Michael Wang. "By combining our innovative dual tank system with the highest quality oils from Hidden Hills and its friends, this collaboration will bring consumers more vaping experiences that cannot be found anywhere else in the world."

"We teamed up with Ispire because the SWTCH ONE sets a new standard in dual-flavor technology and pushes the boundaries of what is possible – and we only want the very best for our friends," said Hidden Hills Chief of Sales and Partner, Ali Turner. "This collaboration is set to redefine customization by empowering consumers with unparalleled choice through the device's groundbreaking switch mechanism."

Ispire's SWTCH ONE is a dual tank all-in-one vaping device that provides consumers with the ability to seamlessly transition between two 1.5mL oil tanks, or blend both for a unique, customized experience. The device is powered by Ispire's cutting-edge TerpTech heating system, which is designed to deliver rich, consistent vapor. With transparent oil windows, cannabis and hemp consumers will also have clear visibility of levels in each tank, ensuring effortless monitoring.

Hidden Hills plans to launch "Hidden Hills and Friends" on February 14, 2024 with an exclusive event at the Wynn in Las Vegas, Nevada. More information about the event is available at www.hiddenhillsclub.com.

About Hidden Hills

Hidden Hills Club is more than a destination; we are an open invitation for introspection, connection, and self-care. Often, when striving to achieve our goals, we lose sight of ourselves and our needs. Hidden Hills products are designed to be your oasis, allowing you to recharge your mind, body, and spirits. Our alternative cannabis portfolio offers a blend of premium disposables and edible products that balance flavor and potency. With a variety of options carefully crafted with your needs and preferences in mind, Hidden Hills Club provides an all-inclusive escape from a hectic work week or an opportunity to find a little slice of 'you' time on the weekend. All products undergo full panel third party lab-testing and adhere to the highest standards of quality and potency. You can rest assured that with every dose, you've chosen a safe and reliable product that will deliver consistent and effective results. For more information, visit https://hiddenhills.club/.

About Ispire Technology Inc.

Ispire is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The Company's operating subsidiaries own or license more than 200 patents received or filed globally. Ispire's tobacco products are marketed under the Aspire brand name and are sold worldwide (except in the U.S., People's Republic of China and Russia) primarily through its global distribution network. The Company's cannabis products are marketed under the Ispire brand name primarily on an original design manufacturer (ODM) basis to other cannabis vapor companies. Ispire sells its cannabis vaping hardware only in the U.S., and it recently commenced its marketing activities in Canada and Europe. For more information, visit www.ispiretechnology.com or follow Ispire on  Instagram, LinkedIn, Facebook, Twitter and YouTube.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "would," "could," "seek," "intend," "plan," "goal," "project," "estimate," "anticipate," "strategy," "future," "likely" or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company's ability to collect its accounts receivable in a timely manner, the Company's business strategies, the ability of the Company to market to the Ispire ONE™, Ispire ONE™'s success if meeting its goals, the ability of its customers to derive the anticipated benefits of the Ispire ONE™ and the success of their products on the markets; the Ispire ONE™ proving to be safe, and the risk and uncertainties described in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Ispire's Annual Report on Form 10-K for the year ended June 30, 2023 and any subsequent filings which Ispire makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

Contact:
 For more information, kindly contact:
 Investor Relations
 Sherry Zheng
 718.213.7386
 ir@ispiretechnology.com

Ellen Mellody
570-209-2947
EMellody@kcsa.com

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SOURCE Ispire Technology Inc.

FAQ

What is the collaboration about between Ispire and Hidden Hills?

The collaboration aims to introduce unique oils for Ispire's SWTCH ONE, partnering with Plug 'n Play, Packwoods, Big Chief, and LA Traffic.

What is the purpose of the collaboration?

The collaboration aims to enhance Ispire's product offerings and expand its market reach.

What products are involved in the collaboration?

Ispire's SWTCH ONE, Plug 'n Play, Packwoods, Big Chief, and LA Traffic are involved in the collaboration.